Roshni Cheung
United States
Mr. Terry Cross serve as a Board Member at IROA Technologies. He serves as Advisor at Motus Ventures. He was an Angel Investor. He served as Interim Chief Financial Officer and Advisor at InfoReady. He served as Interim Chief Executive Officer at Blaze Medical Devices. After graduating from Wayne State University with an MBA in Finance, he entered the machine tool business in Detroit, Michigan, with The Cross Company, (publicly traded) the world's leader in Automated Machine Tools. He worked in many departments of The Cross Company, learning the business from the ground up. He co-founded CP Systems Company specializing in high-speed, small parts, and automated assembly machinery, and built it up to an annual revenue base of $ 10.0 million. He sold CP Systems Company to Chicago Pneumatic Tool Company, an NYSE-listed company. He entered the securities business through a training program with Eastman Dillon Union Securities in 1972. In 1974, he joined Kidder, Peabody & Company in their Detroit, Michigan office and remained there until 1985 when he was transferred to Kidder's flagship Park Avenue office in New York City. In 1985, he was elected a Senior Vice President and shareholder of Kidder, Peabody & Company. In 1988, he was transferred to Kidder's San Francisco office and remained there until 1998. During his years in San Francisco from 1989 until 1998, he focused almost entirely on the technology companies and venture capital firms in Silicon Valley. In 1995, Kidder was acquired by PaineWebber. Cross left PaineWebber in July of 1998 to pursue private investments. In February 2000, he co-founded Sonoma Photonics, Inc in Santa Rosa, CA where he served as CEO and Chairman until he resigned to return to Michigan in August 2002. During his tenure, Cross spearheaded the development of the business plan and raised $ 10.7 million in venture funding from domestic and European investors. Sonoma Photonics was sold to Lockheed Martin in 2008 for a significant return. In August 2002, he returned to Michigan and founded Windward Associates, a private investment partnership, where he focuses on capital formation advisory. He was a founding investor of three companies resulting from MIT's Technology Transfer Department: Intellitec, Axiomatics, and LNL Technologies. He served as a board member for Axiomatics and Intellitec. He was also a member of MIT's Laboratory for Manufacturing and Productivity. He has served as a financial advisor to Triscend Semiconductor of Mountain View, CA, Macropore Corporation of San Diego, CA., and All-American Semiconductor of San Jose, CA. He currently serves as a Director of Monarch Antenna, a Delphi Corp. spinout, as Chairman of MIST Innovations, Inc. of Detroit, MI., and as an advisor to ArdentCause L3C., eCyren LLC, NextCAT of Detroit, MI, and NextGen Metabolomics of Ann Arbor, and AutoHarvest as Senior Director, among others. Since 2002, he has mentored over 50 company founders in Southeast Michigan and has been instrumental in helping entrepreneurs raise in excess of $ 100 million of capital funding. He was a past Board member of Great Lakes Angels, a founding member of Michigan Venture Capital Association, a Board member of Automation Alley's Entrepreneurial Initiative of Southeast Michigan, a Board Member of Ann Arbor Angels as well as an Arch Angel, a former Trustee of Mariners' Church of Detroit, and a former trustee of The Professional Children's School of New York City and Chairman of The Executive Board of Michigan-Emerging an event focusing on the emerging sectors in Michigan's economic recovery.
Individual/Angel